Is Fastly, Inc. (FSLY) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 14.1% / 30% | 11.8% / 30% | 3.9% / 30% | 1.97% / 5% | ✓ HALAL |
| DJIM | 14.1% / 33% | 11.8% / 33% | 3.9% / 33% | 1.97% / 5% | ✓ HALAL |
| MSCI | 28.7% / 33% | 24.1% / 33% | 7.9% / 33% | 1.97% / 5% | ✓ HALAL |
| S&P | 14.1% / 33% | 11.8% / 33% | 3.9% / 33% | 1.97% / 5% | ✓ HALAL |
| FTSE | 28.7% / 33% | 24.1% / 33% | 7.9% / 50% | 1.97% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 57.1% | |
| Operating Margin | -8.7% | |
| Net Margin | -19.5% | |
| Return on Equity (ROE) | -12.8% | |
| Return on Assets (ROA) | -5.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $94M |
| Free Cash Flow | $48M |
| Total Debt | $430M |
| Debt-to-Equity | 46.3 |
| Current Ratio | 2.6 |
| Total Assets | $1.5B |
Price & Trading
| Last Close | $28.59 |
| 50-Day MA | $17.18 |
| 200-Day MA | $10.72 |
| Avg Volume | 10.7M |
| Beta | 0.9 |
|
52-Week Range
$4.65
| |
About Fastly, Inc. (FSLY)
Fastly, Inc. operates an edge cloud platform for processing, serving, and securing its customer's applications in the United States, the Asia Pacific, Europe, and internationally. The edge cloud is a category of Infrastructure as a Service that enables developers to build, secure, and deliver digital experiences at the edge of the internet. The company offers network services to speed up and optimize the delivery of web and application traffic; content delivery network, such as dynamic site acceleration, origin shield, instant purge, surrogate keys, programmatic control, content compression, reliability features, fanout, domainr, modern protocols and performance services; staging environment; and video/ streaming solutions and services, including live streaming, live event monitoring, video on demand, cache reservation, and media shield. It also provides security solutions, such as DDoS protection, next-gen WAF, bot management, API and ATO protection, advanced rate limiting, privacy, and compliance services; load balancing; image optimization; and origin connect. In addition, the company offers professional services comprising managed and response security services; managed CDN; and support plans services. It serves customers operating in ecommerce, streaming media, gaming, digital publishing, and high tech to financial services industries. The company was formerly known as SkyCache, Inc. and changed its name to Fastly, Inc. in May 2012. Fastly, Inc. was incorporated in 2011 and is headquartered in San Francisco, California.
Purification Calculator
As a halal stock with 1.97% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Fastly, Inc. (FSLY) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Fastly, Inc. is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Fastly, Inc.'s debt ratio?
Fastly, Inc.'s debt ratio is 14.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 28.7%.
Does Fastly, Inc. require dividend purification?
Yes, Fastly, Inc. has an impermissible income ratio of 1.97%, which means 1.97% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Fastly, Inc.'s key financial metrics?
Fastly, Inc. has a market capitalization of $4.2B, and revenue of $624M. The company maintains a gross margin of 57.1% and a net margin of -19.5%. Return on equity stands at -12.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.